Reporting & Disclosures

Climate Risk

VCMI Issues Guidance on Using Carbon Credits to Address Scope 3 Emissions

By Manesh Samtani | 02/05/2025

The Scope 3 Action Code of Practice allows companies to use high-quality carbon credits to close the Scope 3 emissions gap until 2040

Climate Risk

Japan FSA Publishes Research on Climate-related Scenario Analysis

By Manesh Samtani | 01/05/2025

The research is intended to guide Japanese banks and insurers in strengthening their resilience to climate-related risks and developing robust transition plans.

Reporting & Disclosures

SEBI Updates Requirements for ESG Rating Providers

By Nithya Subramanian | 30/04/2025

A new circular introduces flexibility in ESG rating withdrawals, streamlines disclosure requirements, and offers relief to newer ESG rating providers.

Reporting & Disclosures

ISSB Proposes Amendments to GHG Emissions Disclosure Standards

By Nithya Subramanian | 29/04/2025

The amendments offer relief for Scope 3 disclosures and flexibility for jurisdictional requirements, with a focus on reducing complexity for FIs.

Sustainable Finance

Confidence in Green Finance Dropping in Financial Centres

By Manesh Samtani | 29/04/2025

Singapore is the only APAC centre ranked in the top 10 in the 15th edition of the Global Green Finance Index by Z/Yen.

Climate Risk

HKMA Unveils Key Priorities, Green Ambitions for 2025 and Beyond

By Sanday Chongo Kabange | 28/04/2025

The HKMA’s 2025 priorities include measures to safeguard the banking sector from financial crime, credit risk, cyber risk and climate risks.

Reporting & Disclosures

Korea Timeline for Mandatory ESG Disclosures Still Uncertain

By Manesh Samtani | 27/04/2025

FSC vice chairman suggests that mandatory ESG disclosures will be relaxed and postponed in Korea, like the EU is proposing.

Sustainable Finance

Taipei Exchange to Establish Green Securities Certification System

By Sanday Chongo Kabange | 23/04/2025

TPEx will launch a green securities certification system in 2026 to encourage enterprises to engage in green and sustainable economic activities.

Operational Risk

Taiwan FSC Proposes to Update Internal Control Rules for Banks, FHCs

By Nithya Subramanian | 23/04/2025

The amendments aim to strengthen risk management, audit independence, cybersecurity, and sustainability practices across banks and financial holding companies.